Course Catalog Information (24-25)
ACCT 1B
Financial Accounting II
Course Description
The primary objective of this course is to help students learn how accounting meets the information needs of various users by developing and communicating information that is used in decision-making. Accordingly, the expected student outcome is the demonstration that the student can read, analyze and interpret external financial statements, including corporate and partnership financial statements.
Student Learning Outcomes
- Demonstrate a knowledge of the users of accounting information and forms or business ownership, risks and capitalization of each and prepare, analyze and evaluate the financial structure of a firm using corporate financial statements and include the statement of cash flows.
- Analyze and evaluate the capitalization of a firm using debt and equity and apply net present value methodology to the analysis.
Course Details
- Units
- 5 Units
- Hours
- Weekly Lecture Hours: 5
- Weekly Lab Hours: 0
- Gen Ed
- Non-GE Class
- Program Status
- Program Applicable
- Credit
- Credit - Degree Applicable
- Transferability
- Transferable to both UC and CSU
- Grading Method
- Letter Grading
Requisite and Advisory
- Prerequisite(s)
- ACCT 1A or ACCT 1AH
- Corequisite(s)
- Advisory(ies)
Limitations on Enrollment and Entrance Skills
- Limitation(s) on Enrollment
- Not open to students with credit in the Honors Program related course.